All your bags are packed.
You’re ready to go.
You’re leaving on a jet plane and don’t know when you’ll be back again.
At least in your mind anyway. Retirement is inching closer and closer, and as you near the right age you’ve already begun daydreaming about the relaxing vacations and hot destinations you’re going to take with all your newfound free time.
But how prepared are you for retirement, exactly? Have you made your list and checked it twice? Do you have all of your funding in order, including in case of emergencies? Do you have a steady revenue plan or high-return investment you will be able to count on to supplant your lost income? What about health insurance? Before you buy your first plane ticket, you need to make sure you have a feasible budget for all of these things and more. That’s why we’re here to help.
At Tactical Wealth, we have developed an innovative investment strategy that is risk averse and produces high returns, at a fixed monthly rate that provides you with stable, reliable income throughout the duration of your retirement and beyond. If you’re nearing the age where it’s time to start considering packing your bags, then it’s high time to make sure you have checked off all the items here on our complete retirement guide, and make an investment you can count on for peace of mind with the Fixed Income Fund.
Build Up Your Savings
This one is the most obvious. Hopefully, you started saving at a young age and have enough money to last you for the rest of your days. Whether through an employee-sponsored 401K, an individual IRA, or a combination of the two, you need to make sure you have enough money that you can retire comfortably while maintaining a lifestyle you desire. While Social Security and other programs may be there to help, it’s not wise to rely solely on those welfare options.
Have An Emergency Fund
In addition to savings to cover your cost of living, make sure you have a separate fund set aside in case of emergencies. Whether it’s a health event, accident, or something else unforeseen, you don’t want to be caught off guard and have to dip into your living expenses in the event of an emergency.
Plan Your Budget
Just because you’re retired, that doesn’t mean you can stop working. Now your job is to plan your finances carefully to make sure they last, and you can do so by creating a reasonable budget. Whether it’s a weekly, monthly, or even a yearly budget, make sure you take everything into account (and don’t be afraid to pre-plan some splurging, like a vacation or a fancy new car, as long as the budget allows). Some of your larger expenses may be lower, especially if you have your house paid off and your kids are through college, but you will still have a fair amount of expenses to consider. Don’t be the retiree that underestimates their budget and has to go back to work within five years.
Understand Your Healthcare
Of course, Medicare kicks in at age 65, but it’s not built to be an all-encompassing insurance option. You need to view your full range of options and make sure you’re covered in some way, especially as your health becomes more vulnerable as you get older. Like we said, some of your expenses (like your mortgage) may be lower or altogether eliminated, but there are things like healthcare that can be expensive after retirement, especially if you retire early.
Find A Hobby
Yes, retirement is meant to be relaxing and fun. But if you don’t have enough to do, it can get boring. Take some time to consider some new activities you’d like to try, places across the world you’d like to see, books you’d like to read, or some new crops you want to harvest. You may already have some hobbies you’re committed to, but now’s also the time where you can experiment with some different things. Who knows, maybe you’ll find your true purpose even after your career is over.
Generate Stable Income
With a high return investment like the Tactical Wealth Fixed Income Fund, you can receive consistent, stable income throughout your retirement. By making an initial contribution of $50,000 to the Fixed Income Fund, you can start generating returns immediately with interest rates as high as 5.75 percent. Yes, you heard that correctly. Higher than five percent for investments with maturation over 20 years! Our rates are virtually unbeatable when compared to those offered by annuities, reaching as much as two times higher than fixed annuities, bonds, and other securities.
With a 10-year note, you will receive interest as high as 4.75 percent, still considerably higher than the other options. We are able to do this by being a real estate-backed investment, which allows us to purchase mortgage and trust deed loans with rates that aren’t bound to the volatile stock market. If you’ve always wanted to know what it’s like to invest in real estate, but never wanted to deal with the headaches of being a landlord, then the Fixed Income Fund can be your high return alternative. When the time comes to retire, you need a way to receive stable monthly income. Our fund allows for that with zero management fees, zero transaction fees, and zero investor fees. That’s what makes our investment a more reliable alternative to annuities.
And don’t worry, even if you happen to pass away before your note reaches its full maturation, your family will be well taken care of. With the Fixed Income Fund, your beneficiaries will continue receiving your monthly payments throughout the duration of your investment. And in some cases, they may even be able to receive a lump sum to be paid in full right away.
So check this one last item off your retirement checklist, kick back, grab one of those fancy umbrella drinks, and hit the beach. You’re now ready to thrive in retirement. Contact Tactical Wealth today to learn more.